Rep. Don Bacon, R-Neb., warned Sunday that there is a concerning risk of a default on the federal government's debts if Democrats and Republicans are unable to compromise on raising the nation's rapidly approaching borrowing limit.
"I think it is a real threat that both sides have to take serious," Bacon told ABC "This Week" co-anchor Jonathan Karl.
"The Republicans were largely elected to get control of reckless funding. That's the mission that their voters have given them. So, when President [Joe] Biden says he's going to refuse to negotiate with Republicans on any concessions, I don't think that's right either," Bacon said, referring to Biden's vow not to tie a debt ceiling increase to cuts to government programs like Medicare and Social Security.
Bottom line
unless Biden is willing to rip the rug from the elderly and poor than the republicans caucus will block all spending.
Hot Forum Topics
